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Calif. Debates $3.3-Billion Water Project

"Backed by the Schwarzenegger administration and Central Valley farm interests, the $3.3-billion dam and reservoir at Temperance Flat would be the biggest water storage project in California in more than three decades.

But amid a deep recession and an endemic budget crisis in Sacramento, some are questioning whether it's worth the investment and whether taxpayers should keep subsidizing water projects that primarily benefit California agribusiness."